Here’s a review of today’s signals for the ATO 2, Trade Scalper, and Atlas Line as applied to the E-mini S&P 500 (ES 09-20). We start the day observing the ATR (Average True Range) nearing five points. Note the ATR is configured with a period value of four. Other values, such as the default 14, will not give you the same “readout” that we use to make trading decisions.
The first signal reviewed is the ATO 2. It’s a Long signal at about 10 a.m. US/Eastern. The Long signal is the ATO 2 indicator saying “buy as soon and as close as you can to the displayed price (3503).” Everyone who has the ATO 2 software should have received the same signal, so there is little room to mess up the configuration unless it’s different than the few settings displayed. The ATO 2 typically aims for one or two trades per day soon after the market opens.
Next, John Paul moves on to the Atlas Line. Again, we’re dealing with another great Long signal. This Long signal occurred at approximately 10:10 a.m. US/Eastern. Additional Strength trades (see the small green S signal text) appeared soon afterwards. These were additional opportunities. You can probably see already the Atlas Line produces more trades than the ATO 2. The underlying mechanics are entirely different as well. Throughout the remainder of the day, additional Strength and Pullback signals were plentiful.
Lastly, the Trade Scalper signals are shared. Be careful regarding the volatility of premarket conditions. If the markets are too slow or too fast, it’s best to avoid trading. The rules for gauging the market in this way are discussed in the included training (but you must first purchase the Trade Scalper). Note that all of our courses and software include training. Notice how there are approximately eight signals by 11 a.m. US/Eastern. Yes, the Trade Scalper produces the most signals compared to the two other methods. However, the Trade Scalper serves to provide many small opportunities rather than fewer, larger moves as is more the goal with the other two methods.